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Happiest Minds IPO Allotment Status Link

IPO Status: Listed [7th Sep 2020 to 9th Sep 2020]

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Happiest Minds IPO Details

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The allotment of shares of Happiest Minds IPO worth ₹698.45 Cr to 702.02 Cr to be finalized/declared on 14th Sep 2020 and the shares are expected to list on 17th Sep 2020. Anyone who have applied for the Happiest Minds public issue can check allotment status online on the registrar's official website. Check out Happiest Minds IPO Allotment URL and step by step guide on how to check allotment status online?
IPO Details Values
IPO Open Date 7th Sep 2020
IPO Close Date 9th Sep 2020
IPO Issue Size ₹698.45 Cr to 702.02 Cr
IPO Issue Price ₹165-166
Market Lot 90 Shares
>> IPO Current GMP

Happiest Minds IPO Dates

Latest and updated information about Happiest Minds IPO. Dates are updated as they are announced.

IPO Activity Date
IPO Open Date 7th Sep 2020
IPO Close Date 9th Sep 2020
Basis of Allotment
Finalisation Date*
14th Sep 2020
Refunds Initiation* 15th Sep 2020
Credit of Shares
to Demat Account*
15th Sep 2020
IPO Listing Date* 17th Sep 2020

* - Tentative Dates

Once an IPO closes for subscription, registrar prepares a basis of allotment in line with SEBI's guidelines. Allotment generally takes place within 1 to 3 days after issue closure.

IPO applicant in any category; QIB, NII, or Retail investor can check the allotment status on the official website of the IPO registrar. Check the Happiest Minds IPO allotment link below:

How to check Happiest Minds IPO Allotment Status?

Follow the below steps to know whether you got the AHappiest Minds public issue IPO allotment or not;

  1. Visit to the Kfin Technologies (registrar's) IPO allotment page (Link)
  2. Select the issuer company name as Happiest Minds from the drop-down menu.
  3. Now, choose to enter either your PAN number, IPO Application number, or DP client ID/Demat account number.
  4. Enter details as per selected option.
  5. Tap on the 'Search' option and the allotment status will be appear on the screen.
  6. The screen will display shares applied by you and shares alloted to you.

Note: As registrar is respomsible for the allotment, credit of shares, and refund processes. Thus, in case of any discrepency regarding shares allocation and refunds, you can raise your query to the registrar ([email protected]).

You will also be intimated for allotment status by your bank and broker via email and SMS. A bidder can also check the allotment status by login to their Demat account with your broker.

What is a basis of Allotment?

When an IPO bidder wants to know how shares are allotted to different categories of investors, he/she must check IPO basis of allotment (BOA).

Basis of allotment (BOA) is an important document prepared by registrar to provide complete details on how many applications or bids have been received for the public issue by anchor investors, QIBs, NIIs, and Retail investors (RII) and the ratio of shares allocations. Thus the document shows the IPO demand by providng details on number of applications received along with the shares reserved across categories, and the shares allocation ratio for different categories of applicants.

The allocation ratio in the BOA specifies that how many applicants will receive one lot of shares among specified number of applicants. For instance, if the ratio is 1:10 means every 1 out of 15 IPO applicants will receive one IPO lot.

Last Updated on 2020-09-22T09:59:07+00:00

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